I've been working as a pizza delivery driver for over 10 years now. In that 10 years, I've purchased gas from approximately $.90 per gallon up to $4.25 per gallon (earlier this year). I've seen it go up and I've seen it go down. Never have I seen it go down as quickly as I've seen it drop in the last couple of months.
Anticipating $5.00 earlier this year, I've been keeping track of just how much I've been paying.
- 8-8-08 > $3.859
- 8-11-08 > $3.899
- 8-14-08 > $3.949
- 8-19-08 > $3.839
- 8-22-08 > $3.899
- 8-26-08 > $3.859
- 8-31-08 > $3.749
- 9-05-08 > $3.749
- 9-10-08 > $3.949
- 9-13-08 > $4.199
- 9-18-08 > $4.089
- 9-22-08 > $3.889
- 9-27-08 > $3.749
- 10-3-08 > $3.689
- 10-8-08 > $3.369
- 10-13-08 > $2.969
- 10-17-08 > $2.889
- 10-22-08 > $2.689
- 10-27-08 > $2.489
The only real benefit of these economic tough times. As CNBC's Larry Kudlow refers to this: an instant tax rebate from our government.
As one who keeps track of all these prices as shown on TV daily, I also believe there's room for prices to fall further. The prediction I'm using now is $2.00 by or before Thanksgiving.
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